2017 GEL to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 9551.7182. Conversely, the yearly low was recorded on January 6, dropping to 8204.6562.
This high-to-low spread represents a total annual volatility of 1347.0619 VND. From a start-to-finish perspective, comparing the January average rate of 8379.9576 to the December average rate of 8660.3467, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 9551.7182 was down 9.11% compared to the 2016 peak of 10508.9635, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GEL to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9071.7298, compared to 9128.8898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.1600 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 791.3020 VND (High: 9151.4037 / Low: 8360.1017). On the other end, July was the most stable month, with a tight range of 70.3881 VND (High: 9506.0547 / Low: 9435.6665).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 324.8301 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 9478.1001) against the same month in 2016 (average: 9624.8791), the exchange rate shifted by -146.7790 (-1.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8589.4044 | 8204.6562 | 8379.9576 |
| February | 8909.5988 | 8375.4607 | 8625.9982 |
| March | 9356.1077 | 9121.5304 | 9237.2149 |
| April | 9542.4348 | 9195.7017 | 9410.1568 |
| May | 9427.8882 | 9293.7383 | 9361.9739 |
| June | 9446.2699 | 9342.2409 | 9415.0774 |
| July | 9506.0547 | 9435.6665 | 9474.5123 |
| August | 9551.7182 | 9364.5831 | 9478.1001 |
| September | 9335.3132 | 9165.3807 | 9219.8240 |
| October | 9221.5473 | 8923.1644 | 9132.6929 |
| November | 9151.4037 | 8360.1017 | 8807.8628 |
| December | 8977.4988 | 8382.0473 | 8660.3467 |